Iraq ahead of the ten Arab countries in gold reserves

 

Economy

Since 05/24/2017 16:47 am (Baghdad time)

Follow-up to the balance of News

Iraq exports ranked fifth in gold reserves, according to the latest report released by the World Gold Council, which measures the period until the end of the first quarter of this year.

Iraq and progress on the classification of Kuwait, Egypt, Qatar, Jordan, Syria, Morocco, United Arab Emirates, Tunisia, Bahrain and Yemen.

Saudi Arabia topped the Arab countries the size of reserves to 322.9 tons gold, followed by Lebanon, Algeria, Libya.

The reserves of gold is maintained by the Central Bank as a store of value and guarantee to redeem promises to pay depositors and holders of securities or trading peers, or to secure a currency, using gold reserves exclusively Tgariba- but N’dr- in the settlement of transactions Atah.anthy / 29 yolk n

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